Hello everyone,I am starting to analyze some deals in my local area as I am looking to purchase my first property. I am generally looking at 3BR, 2BA properties and some smaller multifamily properties. A few questi...
... at least in Riverside County, CA.
I've seen some anecdotal posts lately along these same lines, but always good to see it backed up by thorough analysis and facts.
Anyone else have an opinion concurring with o...
Hi,
First time poster here. My husband I recently purchased our first duplex using the BRRRR method. We purchased through our LLC and paid cash. We've been talking with different banks. Do all cash out refi's in...
Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...
Several questions to CPA, lawyers or just those who might have better knowledge. For perspective, the property is located in San Diego, CA where I live also. 1. I was told and read that the property MUST be owned by t...
I used an FHA loan for my first triplex to househack and after a year would like to use an FHA loan to househack another triplex. My mortgage broker told me I would have issues with this because the underwriter would...
Hi all,I've read/searched previous posts here and on google in general the last few weeks, however, I'd prefer a point blank answer and not risk my entire future on a misinterpretation (first flip!). We found a iffy R...
Hi All,Well, thanks to this blog, I decided it was time to dump the negative cash flow condo by the beach for a 7 unit multifamily that will cash flow about $100/ door with the under market current rents. I just clos...
Hi BP friends! As we approach 2024, which markets are you all looking more closely at for fix and flip projects?
I'm not sure which forum this should go into so I just picked the lending and mortgage advice forum. Hopefully it will be the right one.I need some ideas. I'm running out of ideas, cash and time. I'm not sure where el...